Senator Bernie Sanders (I-VT) stated on CBS’s “Face the Nation, that if Democrats gained control of the Senate following the 2018 midterm elections, that the corporate tax rates would certainly be raised exponentially.
Here is part of the transcript,
DICKERSON: If Democrats take control are corporate taxes going up?
SANDERS: I think we’ll take a very hard look at this entire tax bill and make it a tax bill that works for the middle class and working families not for the top 1 percent and large multi-national corporations.
DICKERSON: There’s no question that in order to achieve all of the things you want, taxes are going to have to go up on corporations if they’re down to 21 as a result of this legislation you can’t find the money anywhere where else.
SANDERS: Absolutely, yes.
DICKERSON: So okay.
SANDERS: In my view, absolutely.